2338 Lake View Avenue, Los Angeles, CA, 90039

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$1,699,999
51 Days On Site

2338 Lake View Avenue
Los Angeles, CA 90039

For Sale|Residential Income|Active
4
Beds
3
Total Baths
1,966
SqFt
$865
/SqFt
1936
Built
Subdivision:
Tract No. 8131
County:
Los Angeles
Listed by Erik Brown of Compass erik.brown@compass.com
Call Now: 951-203-4426
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951-203-4426
2338 Lake View Avenue2338 Lake View Avenue2338 Lake View Avenue2338 Lake View Avenue
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$100,000 REDUCTION: Hi, I'm 2338, 2338 & 2340 Lake View Drive, a 1936 Spanish garden compound tucked into the hills of Silver Lake. Yes, I'm technically three separate residences. I prefer to think of myself as an exceptionally charming little real estate empire with better landscaping. My setup includes a 2-bedroom main residence with a separate office and 2-car garage used as a social cave, a spacious 1-bedroom residence, and a garden studio, all arranged across a lush, terraced lot with privacy, personality and with tree and city views. Each residence has its own character, along with arched entries, wood, wood-laminate, carpet and tile flooring, thoughtful lighting, kitchens with updated appliances, bathrooms with showers and/or tubs, and laundry available on the property. I've also had some serious work done and not the kind involving a suspiciously flattering profile picture. Improvements include new kitchen appliances throughout, tankless water heaters, extensive plumbing upgrades, a new sewer line and main water line, replacement piping, significant electrical updating, new exterior stairs, newer windows, soundproofing improvements, bathroom tile upgrades, a newer asphalt-shingle roof at the main residence, and a rebuilt chimney. There are also three separate gas meters and three separate electrical meters, making life considerably easier for an income-producing property. Outside, I'm where things get especially good. A small, cozy front yard and deck welcome you in, while terraced back gardens create multiple outdoor spaces for relaxing, entertaining or pretending you've finally mastered gardening. From various points around the property, you'll catch views across the city and surrounding hills. And then there's Silver Lake. I'm close to the neighborhood's restaurants, cafes, shops, creative energy, outdoor recreation and the Silver Lake Reservoir area near enough to enjoy the action while still feeling tucked away when you come home. For an investor, I arrive with another attractive feature: all residences are currently leased to excellent tenants, who are paying their individual utilities other than owner-paid water and landscaping. Historically, vacancies have been rare and the residences have rented quickly when available. No cash for keys conversations have been had with the tenants, FYI. All in all, I'm a unique opportunity to own a character-rich, multi-residence Silver Lake compound offering income, flexibility and substantial recent improvements, all wrapped in classic 1930s Los Angeles charm. I'm being priced competitively with multiple offers in mind, and first showings will take place at the open houses. Opportunities like me tend not to sit around admiring their own city views, so don't assume I'll last long. Come see me in person, attend the upcoming Open House, or contact the listing team for additional information. I clean up pretty well.

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Listing Snapshot
Price 
$1,699,999
Days On Site 
51 Days
Bedrooms 
4
Inside Area (SqFt) 
1,966 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1276 Acres
Year Built 
1936
MLS® Number 
26873519
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $1,699,999
2 months agoListing first seen on site
General Features
Acres 
0.1276
Attached Garage 
Yes
Direction Faces 
East
Garage 
Yes
Garage Spaces 
1
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
AttachedConcrete
Parking Spaces 
2
Property Condition 
Updated/Remodeled
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Special Circumstances 
Standard
SqFt Total 
1966
Style 
Spanish
Water Source 
Public
Zoning 
LAR2
Interior Features
Appliances 
DishwasherDisposalGas OvenMicrowaveRangeRefrigeratorRange HoodDryerWasher
Fireplace 
Yes
Fireplace Features 
Gas Starter
Flooring 
TileWood
Heating 
Fireplace(s)Wall Furnace
Interior 
Open FloorplanStorage
Laundry Features 
In GarageOutside
Window Features 
Window CoveringsDrapes
Bathroom 
Features - Tile Counters
Kitchen 
Features - Kitchen Island
Living Room 
Office 
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Exterior Features
Construction Details 
Stucco
Exterior 
Barbecue
Lot Features 
Back YardFront Yard
Patio And Porch 
CoveredDeckPatio
Pool Features 
None
Spa Features 
None
View 
CanyonTrees/Woods
Waterview 
CanyonTrees/Woods
Windows/Doors 
Window CoveringsDrapes
Community Features
MLS Area 
C21 - Silver Lake - Echo Park
School District 
Los Angeles Unified
Financing Terms Available 
CashConventionalSubmit
Building Access 
Ground Level w/steps
Schools
School District
Los Angeles Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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